4. Suppose you flipped an honest coin 10 times and heads came up 8 times. You are...

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4. Suppose you flipped an honest coin 10 times and heads came up 8 times. You are about to toss the coin another 10 times. Using adaptive expectations, how many heads do you expect? Based on rational expectations, how many heads do you expect?

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Economics For Today

ISBN: 9781594632914

6th Edition

Authors: Irvin B. Tucker

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